TURKEY LONG STEEL: Prices down on cheap scrap imports

June 28, 2019 / www.metalbulletin.com / Article Link

The price of domestic rebar and wire rod in Turkey declined over the past week to Thursday June 27 amid falling imported scrap values, sources said.

Fastmarkets' weekly price assessment for domestic rebar in Turkey was TRY3,100-3,160 ($537-547) per tonne ex-works on June 27, down from TRY3,160-3,190 per tonne, including 18% VAT, last week.The domestic rebar price in the Izmir region was TRY3,140-3,160 per tonne ex-works, while the...

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